© Reuters. FILE PHOTO: U.S. President Joe Biden attends a meeting with Vietnam’s Communist Party General Secretary Nguyen Phu Trong, at the Communist Party of Vietnam Headquarters in Hanoi, Vietnam, September 10, 2023. REUTERS/Evelyn Hockstein/File Photo By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) -Executives at top U.S. and Vietnamese…

© Reuters. FILE PHOTO: A logo of Chinese developer Country Garden is pictured in Tianjin, China August 18, 2023. REUTERS/Tingshu Wang/File Photo By Xie Yu HONG KONG (Reuters) -Embattled developer Country Garden faces a new round of voting by creditors to extend several debt maturities on Monday, having avoided default…

© Reuters. The logo of Societe Generale bank is pictured on an office building in Nantes, France, March 16, 2023. REUTERS/Stephane Mahe/file photo PARIS (Reuters) – French lender Societe Generale (OTC:) and asset manager Brookfield Corp plan to launch a private debt fund targeting total volume of 10 billion euros…

© Reuters. FILE PHOTO: The News Corporation logo is displayed on the side of a building in midtown Manhattan in New York, U.S., February 27, 2018. REUTERS/Lucas Jackson/File Photo By Helen Coster and Zaheer Kachwala (Reuters) – News Corp (NASDAQ:) is engaged in “various negotiations” with artificial intelligence companies over…

Why Amkor (AMKR) Stock Is Falling Today What Happened: Shares of semiconductor packaging and testing company Amkor Technology (NASDAQ:) fell 9.27% in the morning session after the company announced the launch of a secondary offering of 10 million shares of common stock by selling stockholders (915 Investments, LP). Note that…

Yext (YEXT) Stock Trades Down, Here Is Why What Happened: Shares of online reputation and search platform Yext (NYSE:) fell 14.2% in the morning session after the company reported second quarter results that narrowly beat analysts’ revenue expectations. Earnings per share (EPS) was also in line. Looking ahead, Yext’s revenue…

Why Is UiPath (PATH) Stock Rocketing Higher Today What Happened: Shares of automation software company UiPath (NYSE:PATH) jumped 7.16% in the morning session after the company reported second quarter results with ARR (annual recurring revenue) roughly in line with estimates and revenue narrowly exceeding analysts’ expectations. However, non-GAAP operating profit…

Why LegalZoom (LZ) Shares Are Falling Today What Happened: Shares of online legal service provider LegalZoom (NASDAQ:LZ) fell 10.8% in the morning session after the company announced the launch of a secondary offering of 14 million shares of common stock at $10.00 per share by selling stockholders. Note that the…

Why C3.ai (AI) Shares Are Sliding Today What Happened: Shares of artificial intelligence (AI) software company C3.ai (NYSE:AI) fell 6.04% in the morning session after the company reported first quarter results with revenue narrowly exceeding analysts’ expectations. However, gross margin missed and has generally been on a downward trend. The…

© Reuters. NEW YORK (Reuters) – Okapi Partners, which counsels on proxy fights and mergers and acquisitions, is joining forces with UK-headquartered shareholder intelligence firm Investor Update Ltd to expand abroad, tapping a surge in shareholder activism campaigns in Europe. New York-based Okapi said it hired Tony Quinn, who headed…